We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
..its a tactical move and Glen knows we will be worth much more than this and its the beginning of interest building? Really cant see us only being sold for this amount, although to be fair it would be 500% from the 2p days? effectively it would be 10p if I'm right before consolidation? does seem very cheap indeed considering?
Morning "fellas"..😂 Let's all be happy today... so rarely do things actually work out on AIM. It's going to take a while to fully digest the RNS beyond the headline price. But I am happy.... having a significant holding at 3p and having seen this through every high and low....😂😉 Can someone bright pls tell me what actually happens on the payout day? I take it we will no longer be able to trade on AIM? I'm thinking I need to move my holding over to my Hargreaves Lansdown platform so I can potentially trade overseas stock (can't on Halifax). Thanks for input in advance Miss G 😉
Any one going on to ride 'Hot Madden' with Goldstorm ..............Seems like a lot of gold has not been declared so across the pond will see a spike on release of data (maybe)
Joint Webcast and Conference Call Details A conference call will be held on 26 April 2017 starting at 8:00 am (Pacific Daylight Time) to further discuss the Combination. North America Toll Free: 888 390 0546 U.K. Local: +44 (0)800 652 2435 Conference ID: 75483188 Webcast URL: http://ow.ly/CDou30bafh0 That's 16:00 UK
Bloody joke. If Parsons crops up on another BOD the best thing to do would be to run a mile. Lined his pockets nicely but can't run a bend, let alone a company - embarks on a drilling campaign in Ergama without the permits. It was 5 holes Glen ffs!! At least we're all blue and can move on but this is daylight robbery
Trade made at 8.12;gone at 8.19, £200 profit!!
@Kels---yes dead right ! Sandstorm have got wind of next drills Southern zone/R Zone and the two MISSING Ergama drill results.Probably together with Ergama drill permit news.Ergama will now be a sweetener for Lidya.Strange feeling being robbed but having money put in your pocket at the same time.
20% or so from current SP following this mornings rise
to come.. there is always a chance a better offer could come in I guess, not disappointed but not over the moon either with the valuation.
Key points: * Mariana gets Upfront Cash 28.75 p / share * Approx 19% shareholding in SANDSTORM for MARIANA shareholders * Sandstorm to Spin-Off the "Exploration Business" * Increased Royalty Income going forward * Future Dividend Income for MARL shareholders * All-In costs of under $400 / oz (that is awesome) * Huge upside from Mariana's other Exploration projects (funded by JV partner in future) * Huge upside from SANDSTORM's so many assets worldwide for MARIANA shareholders. Above are just to name a few. Big "Fund Managers" should be taking a stake here given the Mcap goes over £100m. Most have this as their investment criteria. imho, dyor
Sorry. Wrong board.
This is a very poor offer. Sandstorm will recoup their investment in only two years. I will be voting against.
at 87p
They're just having a bit of fun. SP will be back up soon enough once the weak are tipped off at the side of the road.
Robbed!
I think the SP is a good indicator of the market view of this deal is.......not even hit £1...
Why post any results pointing to an increase in resource if selling out quick....you can then say what a premium it all is to SP and longer moving average as SP has drifted steadily down.
Read the. RNS of 1.2.17 - only 6 weeks ago the directors incentivised themselves for a quick sale: all become immediately exercisable on sale. 800,000 options issued with an expiry of 5 years and a strike price of GBP1.00, however only vesting on the Company achieving a market capitalisation of US$175 million (approx. GBP143.50 million). 800,000 options issued with an expiry of 5 years and a strike price of GBP1.00, however only vesting on the Company achieving a market capitalisation of US$200 million (approx. GBP164 million) 800,000 options issued with an expiry of 5 years and a strike price of GBP1.00, however only vesting on the Company achieving a market capitalisation of US$225 million (Approx GBP184.5 million).
I'm happy patience has paid out but also annoyed with the value. I had that price down at a minimum for hot madden not the whole company. Maybe I should be grateful. Would love a counter offer from someone.
@samewise: SANDSTORM is trading at 4.04$ = 3.15£. 0.2573 of a SANDSTORM share is therefore 81p. Add the 28.75p cash per share, and you arrive at 109p. Sorry... Cordially Lionel
Under the terms of the Combination, Scheme Shareholders will receive 0.2573 New Sandstorm Shares and 28.75 pence in cash for each Scheme Share held at the Scheme Record Time.
It's been a bumpy ride General but I have to agree. Been down over 30k on this and 1.10 get out would be very nice to me.
I read the RNS that the 109.71p estimated value of Mariana INCLUDES the cash component... Cordially Lionel
Probably undervalued however as a long suffering Condor man I will take this and run to the hills (not Beverley sadly, possibly the Quantocks) Well done to all who hung in through the thick and the thin.
@ 28.75 pence in cash PER SHARE